Last checked at 
3 Nov 2021 07:00
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed")
LEI: 213800FBBZCQMP73A815
Dividend Declaration
03 November 2021
The Board of GCP Asset Backed, which invests in asset backed loans, is pleased to announce a quarterly dividend in respect of the period from 1 July 2021 to 30 September 2021 of 1.575 pence per ordinary share (the "Q3 Dividend").
The ordinary shares will go ex-dividend on 11 November 2021 and will be paid on 10 December 2021 to holders of ordinary shares recorded on the register as at close of business on 12 November 2021.
Scrip Dividend Suspension
The Board, in its discretion, has determined that the offer of a scrip dividend will remain suspended for the Q3 Dividend. The suspension is as a result of the discount between the likely scrip dividend reference price of the shares and the current net asset value per share of the Company. The Board will keep the payment of future scrip dividends under review.
For further information, please contact:
Gravis Capital Management Ltd | +44 (0)20 3405 8500 | |
David Conlon | ||
Joanne Fisk | ||
Investec Bank plc | +44 (0)20 7597 4000 | |
Helen Goldsmith | ||
Denis Flanagan | ||
Neil Brierley | ||
Buchanan/Quill | +44 (0)20 7466 5000 | |
Helen Tarbet | ||
Sarah Gibbons-Cook | ||
Henry Wilson |
Notes to Editors
GCP Asset Backed is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
The Group seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset back loans which have contracted, predictable medium to long term cash flows and/or physical assets.